Thread by @ACLatAm

LIVE: Latin America during and after #COVID19: A conversation with @the_IDB President @MorenoBID. @AtlanticCouncil @ACForesight #ACFrontPage

WATCH:

"During these challenging times, the role of institutions like @the_IDB and of leaders like @MorenoBID committed to the hemisphere's prosperity are essential." - @ACLatAm founder @adriennearsht opens today's conversation with President Luis Alberto Moreno #ACFrontPage

"What you find in Latin America is the number of #COVID19 cases are still growing,” said @the_IDB President @MorenoBID. "Equally, we have found a combination of pre-existing economic and political conditions." #ACFrontPage

“The #COVID19 pandemic is like a forest fire,” said @the_IDB President @MorenoBID. "It comes and goes, and these ups and downs are severely hurting our growth." #ACFrontPage

“We're going to start to see the effects of the pandemic in the years ahead, and we'll start to see the social impact,” said @the_IDB President @MorenoBID, highlighting the critical problem of accessing education across the digital divide. #ACFrontPage

“On the one hand, we're seeing a drop in investment in education, and a drop in enrollment,” said @the_IDB President @MorenoBID. "We can safely say that we will be in some form of confinement into next year, and we must begin to address the collateral damage." #ACFrontPage

“We're going to have to be creative in doing various types of skills programs to address skills gaps, which we have seen give people a much higher chance of employment in our past programs,” said @the_IDB President @MorenoBID. #ACFrontPage

“To me, the most important issue to the #COVID19 recovery will be the debt issue,” said @the_IDB President @MorenoBID. "The debt, which was roughly 40% of GDP at the beginning of last year, could be as high as 75% by the end of this year, creating a debt overhang." #ACFrontPage

“#COVID19 was not the result of fiscal mismanagement,” said @the_IDB President @MorenoBID, emphasizing the need to address a potential debt crisis sooner rather than later. #ACFrontPage

“In education, we've talked about the need to have a backbone of digital systems so we can make the most of education outcomes without losing the benefits of the classroom experience,” said @the_IDB President @MorenoBID. #ACFrontPage

“Many companies are looking to change their supply chains in light of #COVID19,” said @the_IDB President @MorenoBID. "This crisis is an opportunity to think about how we can bring supply chains to the Americas." #ACFrontPage

“A shock that has been knocking on our door for a long time is climate change,” said @MorenoBID. "We have to get serious about climate change. Latin America has 40% of the biodiversity of the world, and it's critical to push for science-based solutions." #ACFrontPage

“Even though #COVID19 affects all of us, it affects all of us differently,” said @the_IDB President @MorenoBID. "The poorest among us have faced the worst effects of the pandemic." #ACFrontPage